First Security Bank and Trust Company
Haughton, LA
$20.6M
total assets, June 30, 1989
$20.6M
total assets, June 30, 1989
First Security Bank and Trust Company was a state nonmember bank in Haughton, LA. It failed on Oct 26, 1989, and Tri-state Bank And Trust took over its deposits. At its last report it held $20.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Oct 26, 1989
- Assets
- $20.6M
- Deposits
- $20.7M
- Estimated cost
- $5.8M
- Deposits went to
- Tri-state Bank And Trust, Haughton, LA
Total assets
$20.6M
-27.5% in a year · -13.2% in a quarter
Deposits
$20.7M
-24.4% in a year · -13.0% in a quarter
Loans
$13.3M
-15.9% in a year · -2.4% in a quarter
Profit so far
-$612K
Jan 1 to Jun 30, 1989 · -497.4% in a year
Capital ratio
-1.11%
-3.88 pts in a year
Return on assets
-5.30%
-6.35 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- U.S. Highway 80, Haughton, LA, 71037
- County
- Bossier
- Established
- Jul 12, 1979
- Failed
- Oct 26, 1989
- Employees
- 22
- Id
- b22897
Quarter by quarter
March 31, 1984 to June 30, 1989
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First Security Bank and Trust Company?
$20.6 million in total assets and $20.7 million in deposits as of June 30, 1989, with assets down 27.5% from a year before. Its loans were $13.3 million.
Is First Security Bank and Trust Company profitable?
No: it lost $612,000 from January 1 to June 30, 1989. Its return on assets was -5.30% a year; about 1% is typical.
When did First Security Bank and Trust Company fail?
Oct 26, 1989. Tri-state Bank And Trust of Haughton, LA took over its deposits. The estimated cost of the failure was $5.83 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.